Organizing and Designing Markets

Organizing and Designing Markets PDF Author: International Seminar on the New Institutional Economics
Publisher:
ISBN:
Category :
Languages : en
Pages : 219

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Organizing and Designing Markets

Organizing and Designing Markets PDF Author: International Seminar on the New Institutional Economics
Publisher:
ISBN:
Category :
Languages : en
Pages : 219

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Book Description


Market Design

Market Design PDF Author: Guillaume Haeringer
Publisher: MIT Press
ISBN: 0262345099
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
A broad overview of market mechanisms, with an emphasis on the interplay between theory and real-life applications; examples range from eBay auctions to school choice. This book offers an introduction to market design, providing students with a broad overview of issues related to the design and analysis of market mechanisms. It defines a market as a demand and a supply, without specifying a price system or mechanism. This allows the text to analyze a broad set of situations—including such unconventional markets as college admissions and organ donation—and forces readers to pay attention to details that might otherwise be overlooked. Students often complain that microeconomics is too abstract and disconnected from reality; the study of market design shows how theory can help solve existing, real-life problems. The book focuses on the interplay between theory and applications. To keep the text as accessible as possible, special effort has been made to minimize formal description of the models while emphasizing the intuitive, with detailed explanations and resolution of examples. Appendixes offer general reviews of elements of game theory and mechanism design that are related to the themes explored in the book, presenting the basic concepts with as many explanations and illustrations as possible. The book covers topics including the basics of simple auctions; eBay auctions; Vickrey–Clarke–Groves auctions; keyword auctions, with examples from Google and Facebook; spectrum auctions; financial markets, with discussions of treasury auctions and IPOs; trading on the stock market; the basic matching model; medical match; assignment problems; probabilistic assignments; school choice; course allocation, with examples from Harvard and Wharton; and kidney exchange.

Organizing and Designing Markets

Organizing and Designing Markets PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


19th International Seminar on the New Institutional Economics

19th International Seminar on the New Institutional Economics PDF Author: Christoph Engel
Publisher:
ISBN:
Category : International finance
Languages : en
Pages : 219

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Wholesale Markets

Wholesale Markets PDF Author: J. D. Tracey-White
Publisher: Food & Agriculture Org.
ISBN: 9789251031070
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
Wholesale marketing systems for fruit, vegetables and other fresh foodstuffs, such as livestock and fish, are often inadequate. They neither maximize benefits to producers, nor to consumers. This manual has been compiled to provide a systematic methodology based on the sequence of steps normally adopted in the development process. The manual should be of practical value, both to senior professionals and to technicians, in undertaking marketing and engineering surveys, in the preparation of feasibility studies and master plans, and in formulating proposals for the provision of physical facilities.

Organizing and Reorganizing Markets

Organizing and Reorganizing Markets PDF Author: Nils Brunsson
Publisher: Oxford University Press
ISBN: 019881576X
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
The difference between markets and organizations is often exaggerated. In this book empirical examples are used for describing and analyzing how markets are organized, and the similarities and differences between market organization and the organization of formal organizations.

Market Infrastructure Planning

Market Infrastructure Planning PDF Author: J. D. Tracey-White
Publisher: Food & Agriculture Org.
ISBN: 9789251043912
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
This is the third manual on market infrastructure; it highlights the need for improved planning and decision-making to ensure successful market investments. The guide identifies the key steps in deciding on whether and how to invest in market infrastructure and highlights the steps to be taken to determine the size, location and operations of markets. The guide will be of interest to economists and planners in ministries of agriculture and of urban development as well as city and local authorities. Development practitioners will also find the guide of interest.

Order without Design

Order without Design PDF Author: Alain Bertaud
Publisher: MIT Press
ISBN: 0262038765
Category : Political Science
Languages : en
Pages : 433

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Book Description
An argument that operational urban planning can be improved by the application of the tools of urban economics to the design of regulations and infrastructure. Urban planning is a craft learned through practice. Planners make rapid decisions that have an immediate impact on the ground—the width of streets, the minimum size of land parcels, the heights of buildings. The language they use to describe their objectives is qualitative—“sustainable,” “livable,” “resilient”—often with no link to measurable outcomes. Urban economics, on the other hand, is a quantitative science, based on theories, models, and empirical evidence largely developed in academic settings. In this book, the eminent urban planner Alain Bertaud argues that applying the theories of urban economics to the practice of urban planning would greatly improve both the productivity of cities and the welfare of urban citizens. Bertaud explains that markets provide the indispensable mechanism for cities' development. He cites the experience of cities without markets for land or labor in pre-reform China and Russia; this “urban planners' dream” created inefficiencies and waste. Drawing on five decades of urban planning experience in forty cities around the world, Bertaud links cities' productivity to the size of their labor markets; argues that the design of infrastructure and markets can complement each other; examines the spatial distribution of land prices and densities; stresses the importance of mobility and affordability; and critiques the land use regulations in a number of cities that aim at redesigning existing cities instead of just trying to alleviate clear negative externalities. Bertaud concludes by describing the new role that joint teams of urban planners and economists could play to improve the way cities are managed.

Markets and Organization

Markets and Organization PDF Author: Richard Arena
Publisher: Springer Science & Business Media
ISBN: 3642720439
Category : Business & Economics
Languages : en
Pages : 686

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Book Description
Market economy has become today the predominant economic system in the world. One of the tasks of the book is to define analytically the essential features of a market economy. The other purpose is to investigate the very working of a market economy which rests on firms defined as organizations and markets seen as institutions. It also supposes a renewed conception of cooperation and competition. The book will permit the reader to acquire a fresh view on market economies, stressing simultaneously their unity and diversity. It will also interest specialists of microeconomics as well as industrial organization, economics of technology and institutional economcis.

Designing markets

Designing markets PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description